India, June 12 -- The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of Konark Commerce & Industries Ltd, a Non-Banking Financial Company (NBFC) registered in West Bengal, with effect from May 20, 2026. The cancellation order was issued in exercise of powers conferred under Section 45-IA(6) of the Reserve Bank of India Act, 1934.The company, headquartered at 6 & 6/3, Shashi Shekhar Bose Road, Kolkata, West Bengal 700025, held CoR No. B.05.00809, which was originally granted on November 03, 1998. The registration remained valid for approximately 28 years before the RBI decided to revoke it.With the cancellation of its registration, Konark Commerce & Industries Ltd is no longer permitted to transact the busine...